https://www.taxtmi.com/caselaws?id=244367 Enhanced compensation arising from compulsory acquisition is taken into account only when the right to receive it actually accrues on grant of enhancement and the amount is received. Pending claims for enhancement do not justify inclusion in an earlier wealth-tax assessment year merely because the claim is under adjudication. Applying the settled receipt-based principle, the court upheld the Tribunal's view that no addition could be made before actual receipt, and the issue was decided in favour of the assessee. en-us Thu, 12 Dec 2013 00:00:00 +0530 Mon, 24 Feb 2014 05:43:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=244367 Enhanced compensation arising from compulsory acquisition is taken into account only when the right to receive it actually accrues on grant of enhancement and the amount is received. Pending claims for enhancement do not justify inclusion in an earlier wealth-tax assessment year merely because the claim is under adjudication. Applying the settled receipt-based principle, the court upheld the Tribunal's view that no addition could be made before actual receipt, and the issue was decided in favour of the assessee. Case-Laws Wealth-tax Thu, 12 Dec 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=244367